World Leisure Jobs - ClassPass acquires Asian aggregator GuavaPass...
20 Apr 2019 World leisure: news, training & property
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

22 Jan 2019

ClassPass acquires Asian aggregator GuavaPass
BY Tom Walker

The acquisition will result ClassPass now operating in more than 80 markets across 15 countries

The acquisition will result ClassPass now operating in more than 80 markets across 15 countries

Fitness subscription service ClassPass acquired GuavaPass, a fitness aggregator operating in Asia and the Middle East.

ClassPass will take over GuavaPass' operations in 11 cities across the two regions, including Abu Dhabi, Bangkok, Beijing, Dubai, Hong Kong, Mumbai and Singapore.

GuavaPass founders Jeffrey Liu and Rob Pachter will join the ClassPass team, along with some of the GuavaPass top team.

The move is part of ClassPass’ strategy to expand its international presence and comes six months (July 2018) after the company secured US$85m (€72.5m, £64.5m) worth of series D financing from private equity giant L Catterton and Singapore-based investment company Temasek.

Following the deal, GuavaPass will cease operations in markets where ClassPass is already available. In markets where ClassPass hasn't got an active presence, GuavaPass brand will continue to operate under the ClassPass umbrella "until further notice".

“The GuavaPass deal will continue our strategy to build the biggest fitness membership for our customers, and the largest global network for our partners," said ClassPass CEO Fritz Lanman.

"This transaction will accelerate our robust growth trajectory as we continue expanding throughout Asia and the Middle East."

The acquisition will result ClassPass now operating in more than 80 markets across 15 countries. The company is already planning further expansion and has announced plans to launch "in at least 50 new markets" in 2019.

“ClassPass is already the leading fitness aggregator in the US,” said Chloe Ross, ClassPass VP of International.

“We’re doubling-down on our international expansion efforts with no intentions of slowing down in 2019."



Connect with
World Leisure
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
£15m waterpark opens in Wales ahead of Easter weekend
£15m waterpark opens in Wales ahead of Easter weekend   18 Apr 2019

A new £15m (US$19.5m, €17.3m) waterpark has opened its doors to the public in Rhyl, Wales, with three flumes for thrillseekers to enjoy. SC2, which .... more>>
GWI’s ATM agenda to focus on medical and wellness tourism
GWI’s ATM agenda to focus on medical and wellness tourism   18 Apr 2019

The agenda for the Global Wellness Institute’s (GWI) Wellness Symposium at the 2019 Arabian Travel Market (ATM) has been set and will feature experts .... more>>
Lithuania’s Spa Hotel Esé invites millennials to tell their own story
Lithuania’s Spa Hotel Esé invites millennials to tell their own story   18 Apr 2019

International spa and wellness consultants The E77 Company are working on a spa hotel in Lithuania designed specifically for millennial customers, .... more>>
Elton John makes significant V&A donation for photography collaboration
Elton John makes significant V&A donation for photography collaboration   18 Apr 2019

London’s V&A Museum has announced a partnership with Elton John and his husband, David Furnish, that will see its Gallery 101 in the newly opened V&A .... more>>
Company profile


Ridgeway Furniture Manufacturing Limited

Our commitment is to manufacture and install all products directly to clients, fully meeting and beating their expectations.

View full profile>>

Catalogue gallery


Featured Supplier

Elevate and Metro Blind Sport to promote inclusivity through inaugural Charity of the Year partnership

Elevate and Metro Blind Sport to promote inclusivity through inaugural Charity of the Year partnership

Organisers of Elevate, Elite Sport and COPA are delighted to announce Metro Blind Sport as its Charity of the Year partner for the 2019 trade show, held at ExCeL London on 8-9 May. More>>




in this issue

• Deloitte: European fitness growing strongly
• Number of low-cost gyms could double
• Dungeon attraction opens at Alton Towers



World Leisure jobs




Personal Trainer
Location: Greater Manchester, England
Company: The Gym Group
Personal Trainer - Self Employed
Salary: Fantastic Benefits
Location: Cumbria, England
Company: The Gym Group
Personal Trainer / Fitness Trainer
Salary: Fantastic Benefits
Location: West Sussex, England
Company: The Gym Group
Personal Trainer / Fitness Trainer
Salary: Fantastic Benefits
Location: Cumbria, England
Company: The Gym Group
Diary dates
Powered by leisurediary.com




24-25 Apr 2019

FUTR (Formerly Millennial 20/20)

Business Design Centre, London, United Kingdom


25 Apr 2019

Meet IAAPA - North America

Bob's Space Racers, Daytona Beach, United States



Leisure Management magazine 2018 issue 1
Leisure Management
2018 issue 1

View issue contents
View on turning pages
Download PDF
  Arts & Culture: The show must go on
When austerity hits hard, UK theatres adapt and get creative More>>
  Interview: Louis D’Amore
Louis D’Amore on the work of the International Institute for Peace through Tourism More>>


Leisure Management magazine 2016 issue 1

Leisure Management
2016 issue 1

View issue contents
View turning pages
Download PDF
  Visitor profiles: Beyond demographics
Gerri Morris, of Morris Hargreaves McIntyre, on defining cultural consumers More>>
  Adult play: Making a big play
LM reports on the emerging trend of adults playing like kids More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd